(News Bulletin 247) – UBS reiterates its advice to buy the stock but lowers its target price to 48 E (instead of 51.3 E).
The analyst underlines in his study of the day the good prospects for growth and the possibility of mergers and acquisitions.
‘We reiterate our Buy on Worldline as the valuation does not seem to be in line with its good growth prospects, its recent strong execution and its possibilities for mergers and acquisitions’ indicates UBS.
Worldline confirmed its 2023 objectives and reaffirmed its 2024 ambition, ‘as well as its strategic plan to establish Worldline as a leading international paytech and the main consolidator of the European payments industry’.
Copyright (c) 2023 News Bulletin 247. All rights reserved.
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
